The Munselle Group's Market Report

Rancho Mirage, CA 92270

Condos/Townhomes

Compass | www.themunsellegroup.com| 760-772-2411


Rancho Mirage, CA 92270

Tue Sep 23 2025
This week the median list price for Rancho Mirage, CA 92270 is $579,900 with the market action index hovering around 32. This is an increase over last month's market action index of 31. Inventory has decreased to 73. Click here to stay informed with the Rancho Mirage market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Rancho Mirage, CA 92270

Tue Sep 23 2025
This week the median list price for Rancho Mirage, CA 92270 is $579,900 with the market action index hovering around 32. This is an increase over last month's market action index of 31. Inventory has decreased to 73. Click here to stay informed with the Rancho Mirage market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Rancho Mirage market.
Median List Price $579,900
Median Price of New Listings $689,000
Per Square Foot $317
Average Days on Market 150
Median Days on Market 112
Price Decreased 32%
Price Increased 0%
Relisted 12%
Inventory 73
Median Rent
Market Action 32
Slight Seller's Advantage

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$749,000 2,259 0 - 4,500 sqft 3 3 38 3 2 84
$612,249 1,984 0 - 4,500 sqft 2 2 45 1 0 112
$517,450 1,554 0 - 4,500 sqft 2 2 49 1 2 101
$349,499 1,049 0 - 4,500 sqft 2 2 46 1 5 115